Onetime condonation of time period in respect of obtaining extension in Export Obligation period under EPCG Scheme

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....n of time period in respect of obtaining extension in Export Obligation period under EPCG Scheme. In exercise of powers conferred under Paragraph 2.04 read with Paragraph 2.58 of FTP 2015-20, the Director General of Foreign Trade in Public interest hereby makes the following one time relaxations in procedures in respect of obtaining extension in Export Obligation under EPCG Scheme. 1. As per Par....

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....thin the prescribed time period for obtaining extension in EO Period are received in the DGFT for relaxation. This has caused hardship and delay in closure of the EPCG authorizations. Hence, as a onetime measure in relaxation of procedure, it has been decided that the RAs may consider requests for obtaining extension in Export Obligation period, where requests are received as per the prescribed pr....